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20130124
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that looks better than you might think. and then on the political front, president obama's recess appointment to the nlrb declared unconstitutional. and louisiana governor bobby jindal calls republicans the stupid party. how about that? and then there is an unconfirmed scandal. i say unconfirmed. did senator bob menendez sleep with underaged dominican prostitutes? this is "the kudlow report" and we begin right now. >> all right. first up, our most optimistic story tonight, stock continue their bull run, the s&p 500 and dow closing in on their all-time highs from october 2007. brian shactman joins us now with all the details. good evening, brian and good work today. >> you touched on the s&p details having its best streak in terms of winning streaks days in a row in eight years but how about the dow. we're now 105 points shy of 14,000. eight components hit new highs today. beyond the five on your screen, utx, pfizer and p & g also doing it. now, speaking of history, historically life is good, larry, as you well know when the dow transports show leadership, up another 3% for the week. apple use
for sure. >> you're not going to get political. but it's never in my view been about that. it was about obama care in the first term and about climate change in the second term. and gun control, immigration. it's not about jobs. i don't -- >> two of the biggest industries, auto and it's coming back. housing. residential seems to be coming back. but you look at all the builders had a great report, becky the other day when they were on talking about it. >> it was down for so long so there's going to be a bounce back. no question about it. look three months ago all we were talking about what's happening in washington, how that's going to impact the economy we're talking about the election. and now, you know, if the administration -- and how business feels about it. now everybody forgets about that. it's just looking at numbers and that. you still haven't answered the question, what this administration's going to do to really make business feel good. >> i don't hear about the corporate tax reform anymore. >> that's off the table. so many things fell off the table. >> wait a minute, the fina
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